Equity Residential logo

EQR - Equity Residential Share Price

$54.33 -1.5  -2.6%

Last Trade - 18/09/20

Sector
Financials
Size
Large Cap
Market Cap £15.66bn
Enterprise Value £22.48bn
Revenue £2.09bn
Position in Universe 463rd / 6396
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.18%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -39.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
2,615 2,745 2,426 2,471 2,578 2,701 2,621 2,588 +0.7%
+13.1 -18.4 -2.4 +4.8 +54.8 -1.72 -28.9
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Equity Residential revenues increased less than 1% to $1.34B. Net income applicable to common stockholders increased 38% to $567.9M. Revenues reflect Same Store segment increase of 1% to $1.27B, FFO per Share (Basic) increase of 7% to $0.87, FFO per Share (Diluted) increase of 7% to $0.86, also reflect Non Same Store segment decrease of 18% to $64.2M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
EQR EPS Forecasts Unlock EQR Revenue
Profile Summary

Equity Residential is a real estate investment trust. The Company's primary business is the acquisition, development and management of multifamily residential properties. Its segments include Boston, New York, Washington D.C., Southern California, San Francisco, Seattle and Other Markets. Southern California includes Los Angeles, San Diego and Orange County. Other Markets includes Phoenix. It is engaged in leasing of apartment units to residents. It focuses on rental apartment properties in urban and high-density suburban coastal gateway markets. As of December 31, 2016, the Company owned 302 properties located in 10 states and the District of Columbia consisting of 77,458 apartment units. The Company's projects include The Alton, 455 Eye Street, 855 Brannan, Cascade, One Henry Adams, 340 Fremont and Vista 99. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated July 21, 1992
Public Since August 12, 1993
No. of Shareholders: 2,030
No. of Employees: 2,700
Sector Financials
Industry Residential & Commercial REITs
Index S&P Composite 1500 , S&P 500 ,
Exchange New York Stock Exchange
Shares in Issue 372,209,012
Free Float (0.0%)
Eligible for
ISAs
SIPPs
EQR Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
Avg Volume
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Range (12m)
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Latest News for EQR
Upcoming Events for EQR
Thursday 24th September, 2020
Dividend For E1QR34.SA - 1.5825 BRL
Thursday 24th September, 2020
Dividend For EQR.N - 0.6025 USD
Tuesday 20th October, 2020 Estimate
Q3 2020 Equity Residential Earnings Release
Wednesday 28th October, 2020
Q3 2020 Equity Residential Earnings Call
Tuesday 26th January, 2021 Estimate
Q4 2020 Equity Residential Earnings Release
Frequently Asked Questions for Equity Residential
What is the Equity Residential share price?

As of 18/09/20, shares in Equity Residential are trading at $54.33, giving the company a market capitalisation of £15.66bn. This share price information is delayed by 15 minutes.

How has the Equity Residential share price performed this year?

Shares in Equity Residential are currently trading at $54.33 and the price has moved by -36.46% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Equity Residential price has moved by -43.37% over the past year.

What are the analyst and broker recommendations for Equity Residential?

Of the analysts with advisory recommendations for Equity Residential, there are there are currently 2 "buy" , 11 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Equity Residential is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Equity Residential next release its financial results?

Equity Residential is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Equity Residential dividend yield?

The Equity Residential dividend yield is 4.24% based on the trailing twelve month period.

Does Equity Residential pay a dividend?

Last year, Equity Residential paid a total dividend of 2.31, and it currently has a trailing dividend yield of 4.24%. Looking ahead, shares in Equity Residential are due to go ex-dividend on 2020-09-24 and the next dividend pay date is 2020-10-09.

When does Equity Residential next pay dividends?

Equity Residential are due to go ex-dividend on 2020-09-24 and the next dividend pay date is 2020-10-09. The historic dividend yield on Equity Residential shares is currently 4.24%.

How do I buy Equity Residential shares?

To buy shares in Equity Residential you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Equity Residential?

Shares in Equity Residential are currently trading at $54.33, giving the company a market capitalisation of £15.66bn.

Where are Equity Residential shares listed? Where are Equity Residential shares listed?

Here are the trading details for Equity Residential:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: EQR
What kind of share is Equity Residential?

Based on an overall assessment of its quality, value and momentum, Equity Residential is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Equity Residential share price forecast 2020?

Shares in Equity Residential are currently priced at $54.33. At that level they are trading at 9.35% discount to the analyst consensus target price of 0.00.

Analysts covering Equity Residential currently have a consensus Earnings Per Share (EPS) forecast of 1.856 for the next financial year.

How can I tell whether the Equity Residential share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Equity Residential. Over the past six months, the relative strength of its shares against the market has been -34.51%. At the current price of $54.33, shares in Equity Residential are trading at -18.76% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Equity Residential PE Ratio?

The Equity Residential PE ratio based on its reported earnings over the past 12 months is 36.68. The shares are currently trading at $54.33.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Equity Residential?

Equity Residential's management team is headed by:

Samuel Zell - CHM
Alan George - EVP
Charles Atwood - LED
Mark Parrell - PRE
Linda Bynoe - IND
Mary Haben - IND
Connie Duckworth - IND
Barry Altshuler - EVP
Alexander Brackenridge - EVP
Christa Sorenson - EVP
Michael Manelis - COO
Scott Fenster - EVP
Robert Garechana - CFO
Raymond Bennett - IND
Who are the major shareholders of Equity Residential?

Here are the top five shareholders of Equity Residential based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 12.68% (47.2m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 7.79% (29.0m shares)
Norges Bank Investment Management (NBIM) Sovereign Wealth Fund
Percentage owned: 6.42% (23.9m shares)
Statens Pensjonsfond Utland Mutual Fund
Percentage owned: 6.38% (23.8m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 6.27% (23.3m shares)
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